Address Withheld By Seller, Baltimore, MD 21223

Baltimore
Local realty services provided by:ERA Central Realty Group
Address Withheld By Seller,Baltimore, MD 21223
$370,000
  • 4 Beds
  • 4 Baths
  • 1,216 sq. ft.
  • Townhouse
  • Active
Listed by: ari firoozabadi
Office: greysteel company llc.
MLS#:MDBA2234662
Source:BRIGHTMLS

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Price summary

  • Price:$370,000
  • Price per sq. ft.:$304.28

About this home

RECENTLY UPDATED, FULLY LEASED PORTFOLIO The offering consists of two side-by-side brick duplexes totaling four residential units, with all units currently leased. Recent improvements include flooring, paint, bathroom fixtures, and serviced HVAC systems, providing a solid physical foundation for continued operations while limiting the need for significant immediate capital improvements. ATTRACTIVE IN-PLACE CASH FLOW 1051 & 1053 Desoto Road presents an opportunity to acquire a fully leased four-unit multifamily portfolio for $370,000, generating approximately $29,751 of annual NOI. The offering provides investors with an approximately 8.0% in-place capitalization rate, delivering immediate cash flow from a stabilized, fully occupied residential portfolio. STRATEGIC MORRELL PARK LOCATION Situated in Baltimore's Morrell Park neighborhood, the property offers convenient access to major transportation routes, employment centers, and area amenities. The property is approximately five...

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Home facts

  • Year built:1942
  • Subdivision & Development:MILL HILL
  • Listing ID #:MDBA2234662
  • Added:3 day(s) ago
  • Updated:October 26, 2026 at 02:01 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement:Yes
  • Living area:1,216 sq. ft.

Heating and cooling

  • Heating:Radiator

Structure and exterior

  • Year built:1942
  • Building area:1,216 sq. ft.
  • Lot area:0.14 Acres
  • Construction Materials:Brick
  • Exterior Features:Porch(es)
  • Foundation Description:Wood
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$370,000
  • Price per sq. ft.:$304.28
  • Tax amount:$4,716 (2026)

Parking

  • Parking description:On Street

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